Another Obama boondoggle

clevergirl

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Oct 22, 2009
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Please remove these idiots from office NOBAMA 2012


Faith-based economics fails Obama again!

"Every day that you build this expanded facility," President Obama told employees of Solyndra at the company's solar panel plant in Fremont, Calif., last May, "you're demonstrating that the promise of clean energy isn't just an article of faith. Not anymore. ... It's happening right now. The future is here."


At the time Solyndra received its grant, Vice President Biden said that the Solyndra investment is "exactly what the Recovery Act is all about." Now that events have proven Biden right -- that is, now that Solyndra is a demonstrated failure like the stimulus package as a whole -- the Obama administration is wholly unrepentant and plans to continue the waste. "The project that we supported succeeded," Energy Department spokesman Damien LaVera said Wednesday. So a bankrupt firm lays off all of its workers after blowing through half a billion in private venture capital, then consuming half-a-billion in taxpayer-subsidized loans, and this is a "success?" What would failure look like?

link
 
Please remove these idiots from office NOBAMA 2012


Faith-based economics fails Obama again!

"Every day that you build this expanded facility," President Obama told employees of Solyndra at the company's solar panel plant in Fremont, Calif., last May, "you're demonstrating that the promise of clean energy isn't just an article of faith. Not anymore. ... It's happening right now. The future is here."


At the time Solyndra received its grant, Vice President Biden said that the Solyndra investment is "exactly what the Recovery Act is all about." Now that events have proven Biden right -- that is, now that Solyndra is a demonstrated failure like the stimulus package as a whole -- the Obama administration is wholly unrepentant and plans to continue the waste. "The project that we supported succeeded," Energy Department spokesman Damien LaVera said Wednesday. So a bankrupt firm lays off all of its workers after blowing through half a billion in private venture capital, then consuming half-a-billion in taxpayer-subsidized loans, and this is a "success?" What would failure look like?

link

In case you hadn't noticed the Obama Administration's response to all failures is to either blame them on bad luck, George Bush...or just blatantly lie and insist they were a success.
 
Please remove these idiots from office NOBAMA 2012


Faith-based economics fails Obama again!

"Every day that you build this expanded facility," President Obama told employees of Solyndra at the company's solar panel plant in Fremont, Calif., last May, "you're demonstrating that the promise of clean energy isn't just an article of faith. Not anymore. ... It's happening right now. The future is here."


At the time Solyndra received its grant, Vice President Biden said that the Solyndra investment is "exactly what the Recovery Act is all about." Now that events have proven Biden right -- that is, now that Solyndra is a demonstrated failure like the stimulus package as a whole -- the Obama administration is wholly unrepentant and plans to continue the waste. "The project that we supported succeeded," Energy Department spokesman Damien LaVera said Wednesday. So a bankrupt firm lays off all of its workers after blowing through half a billion in private venture capital, then consuming half-a-billion in taxpayer-subsidized loans, and this is a "success?" What would failure look like?

link

In case you hadn't noticed the Obama Administration's response to all failures is to either blame them on bad luck, George Bush...or just blatantly lie and insist they were a success.

This thread was moved to "Energy" personally I think it belonged in "Politics" as this is part of his failed policy of the "bail outs". Who do I complain to?


Anyway, this ought to be all over the news as proof this idiot has no grasp of how a business is made successful...
 
:lol:

Conflate failure and minimize success.

That's the way to go.

Obama flushed a half a billion dollars down the toilet with this one single deal.

Do you call that success? I don't.

Not only was it an enormous waste of OUR money- but it was touted by Obama AND Biden as the model of success!

These people are IDIOTS~
 
:lol:

Conflate failure and minimize success.

That's the way to go.

Obama flushed a half a billion dollars down the toilet with this one single deal.

Do you call that success? I don't.

Not only was it an enormous waste of OUR money- but it was touted by Obama AND Biden as the model of success!

These people are IDIOTS~
Well, let's examine it.

Some leftists felt good about doing something with other people's money.

That IS their definition of success.
 
The problem was, two things. The company was badly run with unrealistically high expectations. The second problem was that solar cell prices were plummeting, mainly because of competition from China. Chinese solar companies have been driving down the prices of the solar cells for years, partially because of lower labor costs, but mostly because of massive Chinese government subsidies. If you think big government subsidies are bad over here, look across the Pacific.
 
Please remove these idiots from office NOBAMA 2012


Faith-based economics fails Obama again!

"Every day that you build this expanded facility," President Obama told employees of Solyndra at the company's solar panel plant in Fremont, Calif., last May, "you're demonstrating that the promise of clean energy isn't just an article of faith. Not anymore. ... It's happening right now. The future is here."


At the time Solyndra received its grant, Vice President Biden said that the Solyndra investment is "exactly what the Recovery Act is all about." Now that events have proven Biden right -- that is, now that Solyndra is a demonstrated failure like the stimulus package as a whole -- the Obama administration is wholly unrepentant and plans to continue the waste. "The project that we supported succeeded," Energy Department spokesman Damien LaVera said Wednesday. So a bankrupt firm lays off all of its workers after blowing through half a billion in private venture capital, then consuming half-a-billion in taxpayer-subsidized loans, and this is a "success?" What would failure look like?

link

In case you hadn't noticed the Obama Administration's response to all failures is to either blame them on bad luck, George Bush...or just blatantly lie and insist they were a success.

Which is pretty much what every Administration does... and which is exactly what Obama promised he would not do. Remember the 'change in DC' shit? Unless 'change' means 'same old shit, different Administration', there is no change.
 
Please remove these idiots from office NOBAMA 2012


Faith-based economics fails Obama again!

"Every day that you build this expanded facility," President Obama told employees of Solyndra at the company's solar panel plant in Fremont, Calif., last May, "you're demonstrating that the promise of clean energy isn't just an article of faith. Not anymore. ... It's happening right now. The future is here."


At the time Solyndra received its grant, Vice President Biden said that the Solyndra investment is "exactly what the Recovery Act is all about." Now that events have proven Biden right -- that is, now that Solyndra is a demonstrated failure like the stimulus package as a whole -- the Obama administration is wholly unrepentant and plans to continue the waste. "The project that we supported succeeded," Energy Department spokesman Damien LaVera said Wednesday. So a bankrupt firm lays off all of its workers after blowing through half a billion in private venture capital, then consuming half-a-billion in taxpayer-subsidized loans, and this is a "success?" What would failure look like?

link

I'm reporting you!

[ame=http://www.youtube.com/watch?v=-XYKRokgX00]Attack Watch Commercial - YouTube[/ame]
 

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